Cmc Markets Share Discussion Threads

[cascudi] 22/11/2018 09:54

https://m.marketscreener.com/CMC-MARKETS-PLC-26123514/financials/According to this EPs estimate for 2019 is about 10p. This means forecast pe 10 at this price. Assuming a dividend of 5per cent that seems cheap at this price

[jimbo123elf] 22/11/2018 08:20

Poor interim results today. Never got into crypto, dwindling clients and client activity, dividend cut by 50% today, not to mention whacked by regulation. Alarm bells are ringing for me. Downgrade to 65p

[pj0077] 22/11/2018 01:02

Increased volatility = huge pickup in revenues.. to hear 'in line with expectations' is a huge understatement.. 20% share price upside forthcoming...

[dumbbunny] 25/9/2018 15:34

It appears CMC Markets haven't been entirely honest in their statement to the London Stock Exchange this morning about the integration of ANZ stockbroking deal.

"continues to deliver on its strategy, having successfully completed the implementation of the white label stockbroking partnership with ANZ Bank in Australia as expected in the last week of the Period,.... ANZ Bank's retail stockbroking clients were successfully migrated."

This doesn't reconcile with these two articles and in particular, the comments below them made by ANZ/CMC stockbroking customers:

www.itnews.com.au/news/anzs-new-share-investing-platform-struggles-with-day-one-traffic-513024

www.smh.com.au/business/markets/anz-trading-platform-fails-transfer-to-cmc-markets-20180924-p505pw.html

[its the oxman] 25/9/2018 08:10

Oh dear. Better opportunity to buy now.

[f15jcm] 21/9/2018 13:08

Thanks for posting that article, excellent research. I think you've got an excellent entry point. Annoyingly I was holding at 200p and didn't take profit. Added on the current weakness though.

[its the oxman] 21/9/2018 12:43

Have a holding here now, also is there a chance cmc or plus could be taken out or merge at some point. Owners at cmc are coming up to retirement and may be ready to sell. Always depending on the price of course.

[f15jcm] 21/9/2018 12:16

Real value here IMO. They've been making a play for professional clients(excluded from ESMA leverage restrictions)running ads. during Sky News' Ian King Live business program and in the Investors Chronicle. Also, a significant share of their revenue is from outside of Europe and they are expanding operations in Australia. Debt free, attractive dividend, cash generative.

As you point out, they've pulled back ~25% and the story hasn't changed. Pull back from IG has been less and ERSMA impacts will be broadly similar.

[its the oxman] 21/9/2018 11:58

Cmc long term winner ? Dyor but interesting.https://maynardpaton.colcolmail.co.uk/l/vnMs4vHJ6seRo4P39x2nDg/vnMs4vHJ6seRo4P39x2nDg/sc09MVT6kbUmjHabJiARKw

[its the oxman] 21/9/2018 11:56

Upside from here c.160p? Was over 200p briefly.

[aleman] 03/8/2018 18:31

I did miss that, f15jcm. Thanks.

[f15jcm] 03/8/2018 17:15

You might be missing something, it went ex-divi yesterday, thought it went down by a bit more than the payout. I bought some more today, don't think the market has priced in the Australian stockbroking operation CMCX will be going live with soon.

[pj0077] 02/8/2018 14:31

The ESMA lower leverage limits were introduced yesterday.These will likely lead to less trading (& hence lower sales & profits) until IGG, CMC et al have converted they key clients to Professional status (the lower leverage limits don't apply to such clients.The 10% of most active clients at IGG generate 80% of revenue. It is these clients that the CFD companies need to convert to Professional status. As at end June, IGG had converted less than 4%.

[masurenguy] 02/8/2018 12:54

Just a blip I expect. All financial stocks are a bit down today probably in response to confirmation of the anticipated rate rise announcement.

[aleman] 02/8/2018 11:43

Am I missing something here? I was expecting the growing volatility of recent months to generate more business for CMCX. It is falling sharply today when I'd have thought a couple of days of steep market falls would lead to more business.

[mister md] 07/6/2018 12:36

Peel Hunt today reaffirms its buy investment rating on CMC Markets Plc (LON:CMCX) and raised its price target to 230p (from 220p).

[mister md] 07/6/2018 09:31

there you go

[jswjsw] 29/3/2018 13:40

£2 virtually certain with f/y div 10p on cards.
j

[joseph moran] 29/3/2018 12:28

Nice to see these going north

[my retirement fund] 10/1/2018 11:42

1 step forward 2 back

[slaccs] 04/1/2018 12:20

Stockopedia now giving CMCX a rank of 90

[masurenguy] 19/12/2017 16:37

Interim dividend due for payment on Friday.

[latifs100] 19/12/2017 16:26

do these pay dividends. when is it pls